2024-04-11T19:06:06-05:00 2023-05-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-06-01 510197209 THE WANG CENTER FOR THE PERFORMING ARTS INC WANG 6174829393 270 TREMONT STREET BOSTON MA 02116 JOSIAH A SPAULDING JR PRESIDENT & CEO 6174829393 2024-04-10 1 JOSIAH SPAULDING JR XXX-XX-XXXX 1 JOYCE RIPIANZI CPA P00548581 5083669100 2024-04-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BOCH CENTER JOSIAH A SPAULDING JR 270 TREMONT STREET BOSTON MA 02116 16543367 0 X WWW.BOCHCENTER.ORG X 1976 MA THE BOCH CENTER IS A NONPROFIT INNOVATOR AND GUARDIAN OF ICONIC VENUES, PROVIDING RELEVANT AND INCLUSIVE PERFORMING ARTS ENTERTAINMENT AND CULTURAL EDUCATIONAL EXPERIENCES TO DIVERSE AUDIENCES. 26 25 125 57 0 0 4004340 3270351 351143 1103297 528373 166736 1475803 1579861 6359659 6120245 0 0 0 0 2671213 2889254 0 0 563748 992784 1892716 3663997 4781970 2695662 1338275 34395056 36071005 1398807 1736684 32996249 34334321 X THE BOCH CENTER IS A NONPROFIT INNOVATOR AND GUARDIAN OF ICONIC VENUES, PROVIDING RELEVANT AND INCLUSIVE PERFORMING ARTS ENTERTAINMENT AND CULTURAL EDUCATIONAL EXPERIENCES FOR THE MOST DIVERSE AUDIENCES POSSIBLE. 0 0 667082 THE CENTER PROVIDES EDUCATIONAL ART PROGRAMS TO THE COMMUNITY. SOME OFTHESE PROGRAMS ARE IN PARTNERSHIP WITH BOSTON PUBLIC SCHOOLS ANDINCLUDE THE IN-SCHOOL TARGET ARTS PROGRAMS THAT FOCUSES ON LITERACY;THE CITY SPOTLIGHTS SUMMER LEADERSHIP PROGRAM, WHICH ENCOURAGES URBANHIGH SCHOOL STUDENTS TO PURSUE CAREERS AND LEADERSHIP POTENTIAL THROUGHARTS; AND INTERACTIVE READINGS THAT BRING STORIES TO CHILDREN IN PLACESSUCH AS FANEUIL HALL, BOSTON CENTER FOR YOUTH & FAMILIES AND COMMUNITYCENTER SITES. ANNUALLY, THESE PROGRAMS IMPACT MORE THAN 50,000PARTICIPANTS/AUDIENCES. IN ADDITION TO THESE PROGRAMS, THE CENTERDISTRIBUTES COMPLIMENTARY TICKETS TO OUR EDUCATION PROGRAMS ANDCOMMUNITY PARTNERS THROUGH THE SPECTRUM BOSTON TICKET ACCESS PROGRAM. 176339 1704638 THE CENTER OPERATES TWO ICONIC ARTS VENUES, THE WANG AND SHUBERTTHEATRES, FOR THE PURPOSE OF PRESENTING ARTS ENTERTAINMENT TO THEGREATER COMMUNITY. IN ADDITION, THE CENTER MAKES ALL NEEDED REPAIRS ANDRENOVATIONS IN ORDER TO PROPERLY MAINTAIN THESE FACILITIES. 807066 FOLK AMERICANA ROOTS HALL OF FAME - THE NEWLY CREATED FOLK AMERICANAROOTS HALL OF FAME IS HOUSED IN THE WANG THEATRE AND CELEBRATES THEHISTORY OF FOLK, AMERICANA AND ROOTS MUSIC THROUGH DISPLAYS,MEMORABILIA, ARTIFACTS, MULTI-MEDIA, LECTURES AND CONCERTS. THE MUSICHALL WILL BE HOME TO A SERIES OF LECTURES AND SMALLER-SCALEPERFORMANCES THAT EXPAND THE EDUCATIONAL MISSION OF THE HALL OF FAMEAND PROVIDE EXPOSURE TO THE NEXT GENERATION OF ARTISTS WHO ARE KEEPINGTHESE MUSICAL TRADITIONS ALIVE. 984526 SPONSORSHIPS - THE CENTER RECEIVED PAYMENTS FROM BOSTON PORT SERVICE,INC. IN EXCHANGE FOR THE BOCH NAMING RIGHTS & OTHER MISC SPONSORSHIPS. 984526 1650487 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 10 0 1 125 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JOHN F PERKINS 6174829393 270 TREMONT STREET BOSTON MA 02116 JOSIAH A SPAULDING JR PRESIDENT & CEO 20.00 20.00 X 625704 0 77205 MICHAEL SZCZEPKOWSKI VP & GENERAL MANAGER 0.00 40.00 X 233627 0 46432 JOHN F PERKINS CFO 9.00 31.00 X 223425 0 33557 SUE PEKOCK CAO, DEV & INSTITUTIONAL MKTG. 40.00 X 204872 0 20562 BRIAN GALE VP OF BOOKING & EVENT MARKETING 0.00 40.00 X 209477 0 8311 COREY EVANS VP & SR. DIR. OF EDUCATION 40.00 X 129223 0 48618 ERIC NEILL DIR. OF THEATRE OPERATIONS 0.00 40.00 X 122183 0 39897 LISA MUISE CONTROLLER 9.00 31.00 X 152078 0 7932 ANNE TAYLOR SENIOR EXECUTIVE ASSISTANT 20.00 20.00 X 118079 0 18312 JOHN WORDEN BOX OFFICE TREASURER 0.00 40.00 X 121806 0 11350 MARK WELD CHAIRMAN/DIRECTOR 1.00 3.00 X X 0 0 0 COURTNEY WANG VICE CHAIRMAN/DIRECTOR 1.00 3.00 X X 0 0 0 GREGORY A WHITE VICE CHAIRMAN/DIRECTOR 1.00 3.00 X X 0 0 0 GINA CONSYLMAN VICE CHAIRMAN/DIRECTOR 1.00 3.00 X X 0 0 0 MARK MCHUGH TREASURER/DIRECTOR 1.00 3.00 X X 0 0 0 BRIAN AWE CLERK/DIRECTOR 1.00 3.00 X X 0 0 0 BARBARA TRACHTENBERG ASSISTANT CLERK 1.00 X X 0 0 0 MARY-KATHLEEN O'CONNELL DIRECTOR 1.00 X 0 0 0 SPRING SIRKIN DIRECTOR 1.00 X 0 0 0 MIKE CHRISTIAN DIRECTOR 1.00 X 0 0 0 ERNIE BOCH JR DIRECTOR 1.00 X 0 0 0 JONATHAN GALLI DIRECTOR 1.00 X 0 0 0 JOHN C MACNEIL DIRECTOR 1.00 X 0 0 0 STEPHEN GIULIETTI DIRECTOR 1.00 X 0 0 0 CARMEN MONKS DIRECTOR 1.00 X 0 0 0 TOM DEVESTO DIRECTOR 1.00 X 0 0 0 ELIZABETH NICHOLS DIRECTOR 1.00 X 0 0 0 ARMAND CIRCHARO DIRECTOR 1.00 X 0 0 0 MICHAEL BAUMANN DIRECTOR 1.00 X 0 0 0 FORD O'NEIL DIRECTOR 1.00 X 0 0 0 SCOTT LEVY DIRECTOR 1.00 X 0 0 0 MEG FOFONOFF DIRECTOR 1.00 X 0 0 0 JULIA KEW DIRECTOR 1.00 X 0 0 0 JUSTIN SEGALINI DIRECTOR 1.00 X 0 0 0 JEREMIAH J NOONAN DIRECTOR 1.00 X 0 0 0 NATHAN PUSEY DIRECTOR 1.00 X 0 0 0 2140474 0 312176 10 0 1 0 UNCOMPLICATE IT 745 ATLANTIC AVENUE SUITE 800 BOSTON MA 02111 INFORMATION TECHNOLOGY 219449 JAMES L FRENCH 17 E RECONCILIATION WAY TULSA OK 74103 DISPLAY CASES 151100 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 EXTERNAL AUDITORS 136783 MUSEUM COLLECTIVE 907 SOUTH OSWEGO AVE TULSA OK 74112 EXHIBITION CURATORIAL SERVICES 113590 4 96297 9465 37183 3127406 15812 3270351 QUALIFIED SPONSORSHIP 711310 984526 984526 THEATRE OPERATIONS 711310 77070 77070 TOUR REVENUE 711310 41701 41701 1103297 280699 280699 10281453 10395416 -113963 -113963 -113963 21700 9465 27706 -6006 -6006 MANAGEMENT FEES 711310 1585867 1585867 1585867 6120245 2689164 0 160730 1223202 982578 240624 1341551 491063 660904 189584 43483 9346 27469 6668 122525 68121 31592 22812 158493 34147 94588 29758 49485 49485 61939 2438 59501 35200 35200 13718 13718 63557 63557 177662 177662 142922 137125 300 5497 73086 25092 39384 8610 260650 6039 249847 4764 21906 21906 45817 41512 4145 160 33101 7631 9520 15950 117308 102941 14367 77901 1648 76253 EXHIBIT EXPENSE 475429 475429 PRODUCTION EXPENSE 115110 85504 29606 ARTIST FEES 91454 91454 THEATER EXPENSE 16921 7370 9551 19550 14142 5244 164 4781970 1650487 2567735 563748 529272 1390602 303909 2000559 620687 1065811 2412 12097 160660 106957 1683562 938607 519456 744955 14941387 14642443 17317273 16107581 34395056 36071005 782749 717581 616058 520206 0 498897 1398807 1736684 X 27711181 28961825 5285068 5372496 32996249 34334321 34395056 36071005 1338275 -203 0 X X 0 1 X 1 0 X 3147957 2289404 2929394 2951137 3233168 14551060 3147957 2289404 2929394 2951137 3233168 14551060 14551060 285857 294898 192928 185077 280699 1239459 1434417 1494497 1142204 1475803 1585867 7132788 22923307 4831534 0.63480 0.62890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MANAGEMENT FEES - 2018 AMOUNT: $ 1,506,963. 2019 AMOUNT: $ 1,488,309. 2020 AMOUNT: $ 1,142,204. 2021 AMOUNT: $ 1,475,803. 2022 AMOUNT: $ 1,585,867. FUNDRAISING EVENTS - 2018 AMOUNT: $ -72,546. 2019 AMOUNT: $ 6,188. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 13718 0 0 13718 0 PART II-B, LINE 1: THE ORGANIZATION HIRED A LOBBYING CONSULTANT TO EDUCATE AND REACH OUT TO OFFICIALS AROUND THE SUBJECT OF PERFORMING ARTS AND CULTURAL ISSUES IN THE CITY OF BOSTON. THE ORGANIZATION ALSO ADVOCATED IN SUPPORT OF THE BOCH CENTER'S EDUCATIONAL AND CHARITABLE ACTIVITIES IN THE CITY OF BOSTON AND COMMONWEALTH OF MA. 10087341 57762 516000 9629103 10941454 -549113 305000 10087341 9226613 2200841 486000 10941454 9200868 405745 380000 9226613 9571898 8970 380000 9200868 1.00000 1 0 363230 179449 183781 259249 231966 27283 1061083 527192 533891 744955 DUE FROM RELATED PARTIES 15608308 RIGHT OF USE ASSET 499273 16107581 LEASE LIABILITY 498897 498897 X 6084791 -203 600 397 6084394 63557 -27706 35851 6120245 4746719 600 27706 28306 4718413 63557 63557 4781970 PART V, LINE 4: THE WANG ENDOWMENT FUND IS A DESIGNATED FUND WITHOUT DONOR RESTRICTIONS ESTABLISHED TO SUPPORT THE LONG-TERM OBJECTIVES OF THE CENTER. THE CENTER RECEIVES ANNUAL DISTRIBUTIONS FROM THE FUND AS APPROVED BY THE BOARD OF DIRECTORS IN ACCORDANCE WITH AN ESTABLISHED SPENDING POLICY. PART X, LINE 2: THE WANG CENTER FOR THE PERFORMING ARTS, INC. D/B/A BOCH CENTER ("CENTER") AND ITS SUBSIDIARIES, ARE NOT-FOR-PROFIT ORGANIZATIONS AS DESCRIBED UNDER INTERNAL REVENUE CODE ("IRC CODE") SECTION 501(C)(3) THAT ARE GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE CODE SECTION 501(A) AND ARE ALSO EXEMPT FROM PRIVATE FOUNDATION STATUS UNDER IRC SECTIONS 509(A)(1) AND 509(A)(3), RESPECTIVELY. THE CENTER HAS IMPLEMENTED THE GUIDANCE FOR INCOME TAXES IN ACCORDANCE WITH ASC TOPIC 740, AS IT RELATES TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE TREATMENT OF THE CENTER'S POSITION OF ACCOUNTING FOR INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS. THE GUIDANCE ALSO PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT STANDARD FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN THE TAX RETURN. IN ADDITION, IT PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. INTEREST AND PENALTIES, IF ANY, WOULD BE INCLUDED IN THE INCOME TAX EXPENSE. THE CENTER HAS IDENTIFIED NO UNCERTAIN TAX POSITIONS AS OF MAY 31, 2023. WITH FEW EXCEPTIONS, THE CENTER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES -27,706. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 27,706. VAN MORRISON 31165 9465 21700 2836 23000 1870 31165 9465 21700 2836 23000 1870 27706 -6006 X 1 0 X X X X 0 0 0 0 0 0 0 0 0 JOSIAH A SPAULDING JR PRESIDENT & CEO 422139 0 125000 0 78565 0 7886 0 69319 0 702909 0 0 0 MICHAEL SZCZEPKOWSKI VP & GENERAL MANAGER 229353 0 0 0 4274 0 10095 0 36337 0 280059 0 0 0 JOHN F PERKINS CFO 220008 0 0 0 3417 0 9343 0 24214 0 256982 0 0 0 SUE PEKOCK CAO, DEV & INSTITUTIONAL MKTG. 203531 0 0 0 1341 0 8254 0 12308 0 225434 0 0 0 BRIAN GALE VP OF BOOKING & EVENT MARKETING 208750 0 0 0 727 0 7203 0 1108 0 217788 0 0 0 COREY EVANS VP & SR. DIR. OF EDUCATION 127287 0 0 0 1936 0 6211 0 42407 0 177841 0 0 0 ERIC NEILL DIR. OF THEATRE OPERATIONS 122114 0 0 0 69 0 5620 0 34277 0 162080 0 0 0 LISA MUISE CONTROLLER 149970 0 0 0 2108 0 6056 0 1876 0 160010 0 0 0 PART I, LINE 1A DURING THE YEAR ENDED MAY 31, 2023 THE ORGANIZATION PAID A HOUSING ALLOWANCE TO ITS PRESIDENT & CEO IN THE AMOUNT OF $3,261.93 PER MONTH. PART I, LINE 3 THE COMPENSATION COMMITTEE WHICH CONSISTS OF THE OFFICERS OF THE BOARD PERIODICALLY ASSEMBLES AND EVALUATES COMPARABILITY DATA IN ORDER TO DETERMINE THE COMPETITIVENESS OF THE TOTAL COMPENSATION PAID TO THE CEO. THE COMMITTEE MAINTAINS CONTEMPORANEOUS DOCUMENTATION OF ITS DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS FOR THE CEO. BOSTON PORT SERVICE INC ERNIE BOCH JR., DIRECTOR OF THE BOARD, HAS OWNERSHIP IN BOSTON PORT SERVICE 1000000 SPONSORSHIP PAYMENT FROM BOSTON PORT SERVICE, INC. 0 BOSTON PORT SERVICE INC ERNIE BOCH JR., DIRECTOR OF THE BOARD, HAS OWNERSHIP IN BOSTON PORT SERVICE 200000 CONTRIBUTIONS RECEIVED FROM BOSTON PORT SERVICE, INC. 0 DLA PIPER LLP (US) OFFICER BARBARA TRACHTENBERG IS A PARTNER AT DLA 91851 PAYMENT FOR PROFESSIONAL SERVICES. 0 SUBARU OF NEW ENGLAND ERNIE BOCH JR., DIRECTOR OF THE BOARD, HAS OWNERSHIP IN SUBARU NEW ENGLAND 632830 DONATIONS/ CONTRIBUTED INCOME 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 DISCLOSURES FOR ACCURACY AND COMPLIANCE WITH ORGANIZATIONAL POLICIES. A FINAL COPY OF THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OVERSEER OR PRINCIPAL OFFICER OF THE CENTER ANNUALLY SIGNS A STATEMENT REGARDING CONFLICTS OF INTEREST IN FORM SATISFACTORY TO THE BOARD. SUCH STATEMENTS WITHOUT LIMITATION: 1. AFFIRM THAT THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH IT; AND 2. DISCLOSE TO THE BOARD: A. THE NAME OF EACH ENTITY, FOR-PROFIT AND NON-PROFIT, (OTHER THAN THE CENTER OR ANY CHARITABLE ORGANIZATION OWNED OR CONTROLLED, DIRECTLY OR INDIRECTLY, BY THE CENTER) WHICH THE PERSON SERVES AS AN OFFICER, DIRECTOR, TRUSTEE, MANAGER, GENERAL PARTNER OR EMPLOYEE AND THE PERSON'S POSITION AT EACH SUCH ENTITY; B. WHETHER THE PERSON (OR ANY FAMILY MEMBER, OTHER INDIVIDUAL OR ENTITY DEEMED AN "INSIDER" BY VIRTUE OF A RELATIONSHIP WITH THE PERSON) HAS, AT SUCH TIME, A CONFLICT OF INTEREST; AND, C. ALL MATERIAL FACTS RELATING TO ANY SUCH CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS OF THE BOARD SERVE AS THE MEMBERS OF THE COMPENSATION COMMITTEE. THE COMMITTEE IS RESPONSIBLE FOR DEVELOPING AN OVERALL PHILOSOPHY FOR THE ORGANIZATION'S COMPENSATION PROGRAMS APPLICABLE TO OFFICERS AND EMPLOYEES. THE COMMITTEE MAY SEEK ADVISEMENT AND COUNSEL FROM PROFESSIONALS WITH EXPERTISE IN COMPENSATION ARRANGEMENTS FOR U.S. BASED NON-PROFIT TAX EXEMPT CORPORATIONS. ACTING AS MEMBER OF THE COMPENSATION COMMITTEE, THE OFFICERS ARE REQUIRED TO PARTICIPATE AS FOLLOWS: *TO ANNUALLY REVIEW WITH THE BOARD AND CEO THE POSITION DESCRIPTION FOR THE CEO AND RECOMMEND ANY CHANGES TO THE BOARD FOR CONSIDERATION. *TO RECOMMEND APPROPRIATE ELEMENTS OF COMPENSATION OF THE CEO. *TO ESTABLISH THE GOALS AND OBJECTIVES OF THE CEO, TO ANNUALLY REVIEW THE PERFORMANCE OF THE CEO RELATIVE TO THE INSTITUTION'S GOALS AND OBJECTIVES FOR THE PURPOSE OF DETERMINING THE COMPENSATION OF THE CEO, AND TO EVALUATE THE CEO'S PERFORMANCE IN LIGHT OF THOSE STRATEGIC GOALS AND OBJECTIVES. *TO MAKE RECOMMENDATIONS TO THE BOARD BASED ON THIS EVALUATION. *TO ANNUALLY REVIEW THE RECOMMENDATIONS OF THE CEO CONCERNING OVERALL COMPENSATION AND OTHER CONDITIONS OF EMPLOYMENT OF THE CENTER'S SENIOR OFFICERS AND SATISFY ITSELF THAT THE OVERALL COMPENSATION IS IN ACCORDANCE WITH THE BUSINESS PLAN OF THE INSTITUTION AND WITH GENERALLY ACCEPTED COMPENSATION LEVELS FOR COMPARABLE BUSINESSES. *TO CONDUCT PERIODIC REVIEWS OF THE INCENTIVE PLANS OF THE CENTER WHICH MAY BE IN PLACE FROM TIME TO TIME, AND SUBMIT RECOMMENDATIONS WITH RESPECT TO ANY AMENDMENTS TO, OR ANY PROPOSED AWARDS UNDER, SUCH PLANS TO THE BOARD ON ALL OTHER INCENTIVE COMPENSATION PLANS. *TO ASSIST THE BOARD IN CONNECTION WITH ISSUES RELATING TO SUCCESSION PLANNING, INCLUDING APPOINTING, TRAINING AND MONITORING THE DEVELOPMENT AND PERFORMANCE OF THE SENIOR OFFICERS OF THE CENTER. *THE COMMITTEE WILL OVERSEE REGULATORY COMPLIANCE AND INCLUDE AN ANNUAL REVIEW OF ALL ELEMENTS OF OFFICER COMPENSATION AND RECOMMEND DOCUMENTATION AND APPROVAL BY THE FULL BOARD IN A MANNER THAT IS DESIGNED TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER LAWS AND REGULATIONS APPLICABLE TO NON-PROFIT ORGANIZATIONS. *TO ASSEMBLE AND EVALUATE COMPARATIVE DATA BY OBTAINING, REVIEWING AND ASSIMILATING COMPARABLE COMPENSATION DATA WITH RESPECT TO CEO AND OFFICER LEVEL COMPENSATION POLICES FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS FOR ORGANIZATIONS OF COMPARABLE SIZE, GEOGRAPHIC LOCATION, COMMUNITY PRESENCE, INDUSTRY AND OTHER RELEVANT FACTORS. SUCH COMPARATIVE DATA SHALL BE SHARED WITH AND DISCUSSED BY THE FULL BOARD. *TO REVIEW AND ADVISE THE FULL BOARD ON ANY PROPOSED EMPLOYMENT AGREEMENT WITH, AND ANY PROPOSED SEVERANCE OR RETENTION PLANS OR AGREEMENTS APPLICABLE TO, ANY OFFICER OF THE INSTITUTION. IN ADDITION, THE COMMITTEE SHALL REVIEW AND ADVISE WITH RESPECT TO ANY SEVERANCE OR OTHER TERMINATION PAYMENTS PROPOSED TO BE MADE TO ANY SENIOR LEVEL OFFICER OF THE ORGANIZATION. *THE COMMITTEE WILL REPORT ITS ACTIVITIES TO THE BOARD IN SUCH MANNER AND SUCH TIMES AS THE COMMITTEE OR THE BOARD DEEM APPROPRIATE. *THE COMMITTEE WILL MAINTAIN CONTEMPORANEOUS DOCUMENTATION OF ITS DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS FOR THE CEO AND OTHER SENIOR OFFICERS OF THE CENTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED DURING THE YEAR. WANG THEATRE INC 270 TREMONT STREET BOSTON MA 02116 043317597 ARTS PROGRAMMING MA 501(C)(3) LINE 12A, I WANG CENTER FOR THE PERFORMING ARTS INC 1 TREMONT THEATRE INC 270 TREMONT STREET BOSTON MA 02116 043317590 ARTS PROGRAMMING MA 501(C)(3) LINE 12A, I WANG CENTER FOR THE PERFORMING ARTS INC 1 WANG CENTER PRODUCTIONS INC 270 TREMONT STREET BOSTON MA 02116 043317595 ARTS PROGRAMMING MA 501(C)(3) LINE 12A, I WANG CENTER FOR THE PERFORMING ARTS INC 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 TREMONT THEATRE INC L 699844 FAIR MARKET VALUE WANG THEATRE INC L 859304 FAIR MARKET VALUE SCHEDULE R, PART V, LINE 2: AMOUNTS INCLUDED AND DISCLOSED IN TRANSACTION TYPES L AND M ABOVE INCLUDE COMPONENTS OF LINES N, O, P AND Q. FOR TRANSACTION TYPES R AND S, THE RELATED PARTIES TRANSFER CASH BETWEEN ENTITIES ON AN AS NEEDED BASIS.